Foreign investment in new entities jump 108% in H1 2021: Saudi Arabia Ministry
It accounted for 55% of the total 1054 entities in 2021...
Category : Finance
London Stock Exchange sets up sustainable financial innovation lab in Singapore
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The lab has backing from Monetary Authority of Singapore and plans to expand innovation and advanced technology throughout the country...
Japan’s govt pension fund slashes US bonds and bills to 35% of its foreign debt
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This is attributed to boosting holdings of European sovereign bonds...
Sustainable bond issuance reach a record $850 bn in 2021
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A 59% annual increase was registered as investor demand soar up...
Mastercard and Ant Group to promote environmental stability
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The project is titled ‘Every Action Counts’ and it will promote a green consumer behavior...
UAE attracts foreign investment worth $20 bn in 2020
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The Emirates became the 15th largest recipient of FDI in the world and climbed seven places from 2019 to 2020...
BlackRock wins approval to start mutual funds business in China
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BlackRock was granted a license by the China Securities Regulatory Commission to start selling onshore investment products and solutions to Chinese investors...
Egypt’s NBE receives $100 mn from EBRD to support SMEs
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The funds will be used to help the local SMEs to help improve the use of energy, water, and land resources...
Private Equity fund manager Ascent finalises $100 mn funds for SME in East Africa
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The investor will primarily target minority and majority acquisitions for amounts between $4 mn and $15 mn...
HSBC rolls out multi-currency digital wallets to compete with its rivals
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HSBC is all set to launch its very own digital multi-currency wallet which will make international payments hassle-free and secure...